I think the chart explains itself. We are at a critical moment. If price finds support on top of channel (making higher highs), then a new cycle outside of channel has begun. Expect another bull cycle?
If price does not find support on top of channel and is rejected, then we could come back down to the bottom of channel and re-test March lows.
This month will be...
Buy lower — Sell higher!
Buy the rumors — Sell the news!
Buy when there's blood in the streets, even if the blood is your own.
I’ll tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
👉 Find out who said this quotes and send in comments your favourites :)
Watch latests researches about bitcoin...
After Major banks stop accepting Cash Chainlink it appears is ready for lift off.
Quick Tip RSI is on the high end Above 60 we might get some crazy Readings
Indicators are a strong help but no one can time the market exact just wanted to remind the new adopters to Crypto pay attention to the News because it has a...
Hello traders and analysts,
Here is our insight to the VIX which represents the volatility of the S&P500.
Linked below is the idea relating to the S&P500. - S&P we have an island formation
Capitulation - where surrender or give up the recapture of lost gains as a result
of sharp sell offs. This is the zone where investors indicate where price has toppled to....
Here is the modern 100 years history of Human Being. Starting from WW1-Depression-WW2-ColdWar-DotComBubble-FinancialCrisis-COVID
Will the history repeats again with Crash and Recovery?
On chart I pointed with 1&2 phases of history is from 1915 to 2001 and from 2001 to current.
Chart as image:
1. The Great Depression,...
The figure shows how long the previous market crashes have taken in time and how the crashes have always had significant upwards retracements in it. The overall trend of 2020 is now confirmed to bearish and there is a lot to come in the near future. Stay tuned!
Gold will always be the safest investment epically with the world circumstance nowadays so I have published this trade to everyone to take this opportunity before you regret it our first target is $1800 and 2nd target is $1900 and our final target will be above $2000 as we are heading to a huge financial crisis we never saw in history which will attract investors...
The precious metal not losing its seat against other assets knowing the fact that uncertainties are still spiraling around the world by that pandemic. Every time risk bets work fine but at end plunge back to what it gained and it seems no reason to hope much from risk bets still and market players aren't leaving their hands off from this precious metal. The...
Based on the chart posted below I think it is entirely possible for us to revert all the way back to a trendline that stems all the way back to the great depression. This is a worst case scenario for me and would be equal to about $1600.00 on $SPX. It would also happen to intersect with the 2008 highs support.
Prepare for Stagflation in Global Economies
See Chart for details on TVC:SILVER price forecast. Multiple bullish Technical patterns forming in silverprice. Falling wedge to push Silver into double bottom then to become extremely bullish.
Lots of fundemental support being established for Silver.. Expecting a monster rally in FOREXCOM:XAUUSD soon as...
Investors flock to FX_IDC:JPYUSD in times of economic uncertainty. During the 2007-2008 crisis, the Yen rose 63.42%. As the coronavirus continues to batter supply chains, technology conglomerates suffer lost workforces and unstable earnings. Treasury yields have collapsed to all-time lows.
In the very least, as insurance, the Yen awaits.
The gold achieved the highest closing price in 85 months last week.
The price has climbed continuously throughout the week and regained all losses from the previous week.
It is worth to note that three major central banks announced a rate cut in the same week, with one of them been an emergency rate cut and it was none other than the Fed.
This is already a very...
The compared price charts are speaking for themselves.
DAX vs DEUTSCHE BANK vs COMMERZBANK
vs JP MORGAN CHASE / BANK OF AMERICA
What do you think? Please comment if you want to start or engage in a discussion.
Cheers & All the Best